South Jersey Industries Inc. (NYSE: SJI) is 29.98% higher on its value in year-to-date trading and has touched a low of $20.75 and a high of $35.32 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholdersâ€™ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SJI stock was last observed hovering at around $33.79 in the last trading session, with the day’s gains setting it 0.16% off its average median price target of $36.00 for the next 12 months. It is also 5.69% off the consensus price target high of $36.00 offered by 6 analysts, but current levels are -30.58% lower than the price target low of $26.00 for the same period.
Currently trading at $33.95, the stock is -0.20% and -0.47% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.59 million and changing 0.47% at the moment leaves the stock 17.01% off its SMA200. SJI registered 32.15% gain for a year compared to 6-month gain of 33.40%. The firm has a 50-day simple moving average (SMA 50) of $3.49 and a 200-day simple moving average (SMA200) of $15.24.
The stock witnessed a 0.92% loss in the last 1 month and extending the period to 3 months gives it a -1.74%, and is 0.53% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 0.55% over the week and 1.10% over the month.
South Jersey Industries Inc. (SJI) has around 1172 employees, a market worth around $4.14B and $2.14B in sales. Current P/E ratio is 48.22 and Fwd P/E is 18.83. Profit margin for the company is 4.10%. Distance from 52-week low is 63.61% and -3.88% from its 52-week high. The company has generated returns on investments over the last 12 months (5.40%).
South Jersey Industries Inc. (SJI) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for South Jersey Industries Inc. (SJI) is a “Hold”. 6 analysts offering their recommendations for the stock have an average rating of 3.00, where 5 rate it as a Hold and 0 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
South Jersey Industries Inc. is expected to release its quarterly report on 11/03/2022.The EPS is expected to shrink by -50.70% this year.
South Jersey Industries Inc. (SJI) Top Institutional Holders
The shares outstanding are 119.75M, and float is at 116.53M with Short Float at 5.44%.
South Jersey Industries Inc. (SJI) Insider Activity
A total of 27 insider transactions have happened at South Jersey Industries Inc. (SJI) in the last six months, with sales accounting for 9 and purchases happening 18 times.
South Jersey Industries Inc. (SJI): Who are the competitors?
The company’s main competitors (and peers) include National Fuel Gas Company (NFG) that is trading 25.24% up over the past 12 months and CenterPoint Energy Inc. (CNP) that is 16.94% higher over the same period. New Jersey Resources Corporation (NJR) is 10.98% up on the 1-year trading charts.